Downer EDI’s CEO Grant Fenn has said that the mining slowdown has hurt the engineering company’s locomotive business, with the focus now on helping customers manage their assets.
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Bradken/Norcast dispute settled
Bradken’s board has announced that it and two of its directors have resolved a dispute with Norcast in the Federal Court over bid-rigging.
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Mining downturn hurts Pacific Brands’ sales
Pacific Brands' CEO John Pollaers told the company’s AGM that workwear sales have been hit by the slowdown in the resources sector.
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800 Rio jobs to go as it outsources to IBM
Rio Tinto is expected to cut around 800 jobs globally after it signed a $100 million back-office outsourcing deal with US technology giant IBM.
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Business confidence rises in the mining industry
A quarterly Business Confidence report by Roy Morgan has highlighted a return in optimism for the mining sector.
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The Platinum Series: Platinum as an investment [infographic]
Part three of Visual Capitalists' series on platinum.
This time it is investigating platinum as an investment
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Alacer Gold sells off all its Australian mines
Canadian miner Alacer Gold has sold off its Australian gold mines to Australian company Metals X.
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AGL reports CSG loss
AGL Energy’s 2013 financial report revealed it has suffered massive losses from its New South Wales gas assets.
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Rio’s Simandou mine faces 3-year delay
Exports from Rio Tinto’s $US20 billion ($22.4bn) Simandou iron ore venture has been postponed for three years.
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Newcrest de-lists from Toronto Stock Exchange
Newcrest has announced it de-list from the Toronto Stock Exchange (TSX).
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Greens mining tax policy numbers questioned
The costings of the Greens’ mining tax proposal for the election have been deemed to be able to be priced at “very low” reliability.
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WA delivers budget amid mining slump
Western Australia delivered its first budget post the downturn in the mining sector yesterday with a $239 million surplus for the year ending June 30.
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NSW to soldier on despite mining slump
One of the big four banks has a positive outlook for the NSW economy and expects it to bolster Australia’s economy during its difficult transition from the mining boom.
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Mining M&A activity down in 2013
The first half of 2013 has seen a lower level of mergers and acquisitions according to an Ernest & Young report.
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World Bank kicks coal, but will the rest of the world follow?
In a move reminiscent of the Whitehaven Hoax, a bank is actually cutting coal from its investment portfolio. The University of Queensland's Colin Hunt explains.
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How we learnt to stop worrying and love the boom
The Grattan Institute's Jim Minifie examines the mining boom as it winds down, and the real economic effect it had on Australia.
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Mining smarter: Vertical integration in your business [Blog]
In an uncertain economic market, the collaborative vertical integration of mining businesses brings cooperation, clarity and competitive edge
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Raising Capital in Uncertain Times
Despite current beliefs in capital constraints and a gloomy market outlook, the ASX 200 still closed higher year on year and investment is still possible but you need to understand the market first, Acuity Capital's Jeremy Glaros explains.
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Is the gold rush over? Six reasons the bubble is bursting
Mine Web's Lawrence Williams dissects an opinion piece by renowned economist Nouriel Roubini on why the gold bubble is bursting, and why Roubini believes it may even slump to $1000 by 2015.
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Weaker capex hints mining boom end
The mining investment boom may have peaked but economists are still optimistic about the strength of the Australian economy as business spending expectations stays high.
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